Sugar industry will be rebuilt, strengthened, reorganised in comprehensive way – President Ali
…as NICIL team visits estates
President Dr Mohamed Irfaan Ali has affirmed his Government’s commitment to ensuring the survival of the sugar industry by implementing a comprehensive strategy.
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The approach to the sugar industry, he noted, is one in which the Government will have to bring back three of the estates into operation.
“This would require capital investment, field investment and infrastructure investment. Even if the ultimate goal is to have a right business mix whether it is a public-private partnership or private investment in these estates, the asset and the industry itself must be of concern and be optimised to realise the full value and potential,” President Ali is quoted as saying by the Office of the President, Public Information and Press Services Unit.
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